Senior Loan Closing Specialist

Wintrust Financial Corporation•Chicago, IL

2d•$28 - $37•Hybrid

About The Position

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.” We have a culture that encourages an entrepreneurial spirit and offer multiple opportunities for development and upward mobility. A Senior Loan Closing Specialist is responsible for facilitating the commercial loan closing process through pre-funding and post-closing stages; including but not limited to; due diligence, imaging, coding and monitoring. Reviews attorney prepared loan documentation to ensure adherence with credit approval. Liaises between all parties to ensure timely and efficient closings that meet the expectations of clients, lending teams, servicing departments and attorney. Performs post-closing documentation collection and exception maintenance. Prepares/Processes due diligence and supporting documentation to verify compliance with credit approval and procedures. Completes/Processes loan coding, imaging, due diligence, insurance collection, documentation and booking ticket requests, executed documents, and. Liaises and communicates between all parties, identifies and works to resolve issues. Conducts initial review of attorney prepared loan documentation to ensure adherence with credit approval. Coordinates the application of loan deposits and disbursement of loan proceeds to ensure funds are applied correctly and costs and invoices as paid at loan closing. Collects and submits post-closing document exception clearing items. Prepares original loan and recorded documentation for transfer to record retention.

Requirements

3-5 years of previous banking experience.
Proficiency with commercial loan documentation, knowledge of regulatory compliance, and experience with nCino platform.
Familiarity and understanding of attorney prepared documents.
Ability to effectively manage time and multiple transactions simultaneously.
High School diploma or equivalent.
General Computer Skills; MS Excel and Word skills desired.

Responsibilities

Facilitating the commercial loan closing process through pre-funding and post-closing stages; including but not limited to; due diligence, imaging, coding and monitoring.
Reviews attorney prepared loan documentation to ensure adherence with credit approval.
Liaises between all parties to ensure timely and efficient closings that meet the expectations of clients, lending teams, servicing departments and attorney.
Performs post-closing documentation collection and exception maintenance.
Prepares/Processes due diligence and supporting documentation to verify compliance with credit approval and procedures.
Completes/Processes loan coding, imaging, due diligence, insurance collection, documentation and booking ticket requests, executed documents.
Liaises and communicates between all parties, identifies and works to resolve issues.
Conducts initial review of attorney prepared loan documentation to ensure adherence with credit approval.
Coordinates the application of loan deposits and disbursement of loan proceeds to ensure funds are applied correctly and costs and invoices as paid at loan closing.
Collects and submits post-closing document exception clearing items.
Prepares original loan and recorded documentation for transfer to record retention.